Tuya Inc. (TUYA) saw its stock price surge 5.23% in Tuesday's trading session, as the company announced its upcoming Global Developer Summit at IFA, centered on AI integration and innovation. The event, scheduled for September 8, 2025, is set to showcase Tuya's efforts in building an AI ecosystem and highlight innovative AI applications across various sectors.

The summit, themed "AI, Built. Powered by Tuya," aims to accelerate the integration of AI with the physical world. As a global AI cloud platform service provider, Tuya's focus on AI development and its potential applications appears to have resonated positively with investors, driving the stock's significant uptick.

This announcement comes at a time when AI technology is increasingly seen as a key driver of growth and innovation in the tech sector. Tuya's commitment to fostering an AI ecosystem of interconnectivity could position the company as a frontrunner in this rapidly evolving field, potentially explaining the enthusiastic market response reflected in today's stock movement.